Overview
What is Aim North Development Corporation?
Aim North Development Corporation is a nonprofit organization that focuses on addressing the need for affordable housing. Their mission encompasses more than just providing homes; they also offer related programs, such as funding for the Family Self-Sufficiency Scholarship Fund. This fund aims to empower individuals and families by offering financial assistance, enabling them to gain self-sufficiency and improve their overall quality of life. The corporation operates with a vision to make a meaningful impact on its community, contributing to a more equitable and inclusive society.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Not Available
Aim North Development Corporation faces significant criticism based on user reviews, particularly one detailed account. A reviewer expressed concerns regarding the organization's management and oversight, highlighting potential conflicts of interest involving its founder and the Lake County Housing Authority. This raises questions about accountability and governance within the organization.
Despite its intended mission to explore public housing options, the review suggests that the decision-making process may lack rigorous scrutiny, with board members allegedly approving policies and financial decisions without proper evaluation. This perception of inadequate oversight could undermine confidence in the organization's effectiveness and transparency.
As there is limited positive feedback available, it appears that Aim North Development Corporation has room for improvement in terms of operational transparency and community engagement. Addressing these concerns may be crucial for enhancing its reputation and ensuring it meets its objectives effectively.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Aim North Development Corporation legitimate?
Aim North Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aim North Development Corporation submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
What is the mission statement of Aim North Development Corporation?
Aim North Development Corporation is committed to offering affordable housing solutions and related programs. A significant part of their efforts involves providing funding for the Family Self-Sufficiency Scholarship Fund. This organization's mission is geared towards enhancing living conditions and providing opportunities for individuals and families in need.
Who is the CEO of Aim North Development Corporation?
Dr H Lee Jordan is the President of Aim North Development Corporation. The CEO's salary of Aim North Development Corporation is $0 and their total compensation is $0.
What is the revenue of Aim North Development Corporation?
Aim North Development Corporation's revenue in 2022 was -$222.
Who are the executives of Aim North Development Corporation and what are their salaries?
Here are 2 key members and their salaries (Aim North Development Corporation's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Aim North Development Corporation?
Aim North Development Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Aim North Development Corporation
Aim North Development Corporation is a nonprofit organization committed to providing affordable housing and related programs. One of its key initiatives is the Family Self-Sufficiency Scholarship Fund, which it funds. The corporation's mission is to enhance the livelihoods of individuals and families by offering them affordable housing options and supporting them in their journey towards self-sufficiency. By providing funding for the Family Self-Sufficiency Scholarship Fund, Aim North Development Corporation aims to empower its beneficiaries to overcome financial challenges and pursue their educational and career goals, ultimately leading to a more secure and stable life.
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Impact
October, 2024
Aim North Development Corporation significantly impacts the community by providing affordable housing and supporting initiatives that promote self-sufficiency. Through programs like the Family Self-Sufficiency Scholarship Fund, the organization empowers families to achieve financial independence and stability. By addressing housing needs, Aim North fosters a more secure living environment, which is essential for individuals seeking to improve their quality of life. The corporation's commitment to affordable housing in Grayslake, IL, helps cultivate a thriving community where residents have the resources and opportunities to succeed.
This information is meant to be a general summary of Aim North Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2
- Gross Receipts: $502
Assets and Liabilities:
- Total Assets: $16,237
- Total Liabilities: $21,766
- Net Assets: -$5,529
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Organization Details
Phone
(847) 223-1170Principal Officer
Dr H Lee Jordan
Main Address
33928 N US HWY 45, GRAYSLAKE, IL, 60030
NTEE Category
Code: L20 - Housing
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